05-25: Jack in the Box, Dollar Tree, PT's Pub, Walgreens, Popeyes, Fletcher Tire & Auto

1. Jack in the Box in Fresno, CA: 2658 SF drive-thru fast food restaurant on .59 ac lot close to Kaiser Permanente, Fresno Heart & Surgical Hospital and Hwy-41. 100% NNN lease with 4 yrs left. NOI $110K/yr. $1.77M. 6.25% cap.  
2. Dollar Tree in Sacramento, CA: 12,928 SF freestanding newly renovated retail building on 1.25 ac lot just min from 1.1M SF Arden Fair Mall and near I-80. 100% NNN- corp lease. NOI $162K/yr. $2.5M. 6.5% cap.  
3. Retail Center in Morgan Hill, CA: 10,471 SF high quality retail building constructed in 2008 on .99 ac lot in affluent Silicon Valley suburbs (AHI $131K/yr. in 3 miles).  Easy access to Hwy 101. 10 yrs NNN lease with 6 yrs left to Patioworld: designer outdoor & patio furniture with 10 stores. NOI $295K/yr. with CPI annual rent increases. $3.692M. 8% cap.  
4. PT’s Pub in Las Vegas, NV: 6000 SF single tenant retail building constructed in 2007 on .86 ac lot. In booming (pop growth 1,064.13% since 2000) and well-off (AHI $88K/yr) area. 10 yrs NNN lease with 5 yrs left to the largest operator of taverns in NV. NOI $209K/yr. with1-3% annual rent increases. $2.325M. 9% cap.  
5. Walgreens (S&P A+) in San Antonio, TX: 13,905 SF Walgreens Pharmacy on 1.17 ac lot at a hard corner location and across from H-E-B Supermarket close to I-410/35. 100% NNN lease with 7 yrs left. NOI $222K/yr. $2.617M. 8.50% cap.  
6. Popeyes in Woodland, CA: 2565 SF Cajun Fried Chicken Restaurant built in 2006 on .34 ac lot in Northwest Sacramento and close to I-5. Located at main entrance to the Woodland Harvest Square Center anchored by Wal-Mart, The Home Depot and Staples. New 15 yrs absolute NNN lease to strong franchisee with 38 units. NOI $90K/yr. with 8% rent bumps every 5 yrs. $1.5M. 6% cap. 
7. Fletcher Tire and Auto in Phoenix, AZ: 6682 SF single tenant Fletcher Tire & Auto Service, a regional auto center with 32 locations in AZ.  100% NNN lease with 8 yrs left. NOI $96K/yr. with 3% annual rent increases. $1.3M. 7.40% cap.  
8. Shopping Center in Plano, TX: 99,152 SF shopping center built in 1997 on nearly 10 acres of land close to Hwy-75 in Dallas suburbs. 100% leased. NOI $770K/yr. $9M. 8.56% cap. 
9. MOB in Citrus Heights, CA: 21,172 SF Class-B build-to-suit medical office building constructed in 1998 on 2.50 ac lot in upper middle-class Sacramento suburbs. 100% NNN lease with 6 yrs left to UC Davis Medical Group. NOI $525K/yr with annual CPI rent bumps. $7M. 7.50% cap. 
10. Strip Center in Glendale, AZ: 10,240 SF well-maintained strip center on .69 ac lot close Banner Thunderbird Medical Center, Arizona State University-West and Thunderbird School of Global MGT in Phoenix suburbs. 88% NNN leased. NOI $151K/yr. $1.56M. 9.69% cap. Upside potential.

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